Barath Mukhi Profile picture
May 27 4 tweets 2 min read Twitter logo Read on Twitter
What if smart money is discounting deteriorating fundamentals ahead of you?

The price falls first and the bad news usually comes much later.

Besides it isn't always clear whether the deterioration in fundamentals is temporary or permanent.
Markets could be discounting the future.

@markminervini has covered this in his wonderful book.

The price falls first and bad news often follows 2-3 quarters later or more and this is while fundamentals are still looking good.
Sometimes we should think of ourselves as part owners of a business.

At other times we should think #bhaavbhagwanche

Knowing which to use when is where the investor's acumen comes in.
That's how I was able to exit #lauruslabs @ 560 in Oct 2021 although fundamentals were still looking good at the time of my exit.

Covered more on the idea of having stop losses in long term holdings @ youtube.com/shorts/5BKoFQ9…

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More from @barathmukhi

May 28
Thread on #UshaMartin 's turnaround story.

After 14 years, in Dec 2022, the steel company's stock finally crossed it's previous all time high of 147 it had hit in 2008, along with unusually high volumes. Usha Martin ATH All Time High
Let's roll back a bit.

In 2018, things weren't looking rosy for Usha Martin. They had made a loss for 4 consecutive years. Usha Martin
So what happened?

In 2018, one of the company's promoter and currently Usha Martin's Managing Director, Mr. Rajeev Jhawar, had several disagreements with the board of directors. Eventually, he successfully persuaded them to sell off their steel business. Usha Martin  Rajeev Jhawar
Read 21 tweets
May 14
In Feb 2023, #GujaratFluorochemicals management stated their products are PFAS free PFAS
So what are PFAS and why are these important to the co?

PFAS stands for Per- and Polyfluoroalkyl Substances, a big long word that scientists use to talk about a group of chemicals that can be found in some things like food packaging, non-stick pans, and some types of clothing.
Why are PFAS chemicals infamous? PFAS
Read 16 tweets

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